1625 Park Lane #17, Fairfield, CA 94533, Fairfield, 94533 - 2 bed, 1 bath
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Fairfield, CA 94533
This High-Potential Investment Opportunity is listed at $190,000, positioned well below the $190,947 Fair Market Value by 0.5%. Featuring a Condition Rating of 3, this unit offers a Granite Kitchen and modern cabinetry. The unique ability to acquire both this unit and the upstairs property creates a rare "house-hacking" strategy. With access to a Community Pool and proximity to Travis Air Force Base, this is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking a stable, income-generating asset.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1625 Park Lane #17 Subject | $190,000* List Price | 2 | 1 | 794 | $240 | - |
A 423 Gregory Ln 30 Active | $198,500 List Price | 2 | 1 | 794 | $250 | 0.0 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
While the structure dates back to 1974, the unit has undergone significant updates including granite countertops, newer cabinetry, and stainless steel appliances. These improvements, combined with the 'well-maintained' description and move-in ready status, align with the criteria for a 5-15 year renovation age.
The rare opportunity to purchase both this tenant-occupied unit and the vacant unit directly above (#23) provides a unique 'house-hacking' or dual-income investment strategy.
The interior features desirable upgrades including granite countertops, newer cabinetry, and stainless steel appliances, offering a contemporary feel that appeals to both owners and tenants.
Ideally situated near Travis Air Force Base, major highways, and downtown Fairfield, the property is perfectly positioned to attract a steady pool of military and commuter renters.
The monthly HOA fee of $506 is relatively high compared to the $190,000 asking price, which may impact the debt-to-income ratio for buyers and reduce monthly cash flow for investors.
The reliance on a shared, coin-operated laundry facility rather than in-unit hookups is a significant convenience drawback that can limit rental premium potential and buyer interest.
Rare Opportunity! The same owner is offering both this downstairs Unit 17 AND upstairs Unit 23 for sale! Live in the vacant upstairs unit while generating income from this tenant occupied downstairs unit. Or purchase both as investment properties! This lower-level 2-bedroom, 1-bath condominium is in a gated, well-maintained 84-unit community and tucked away in the back of the complex. This inviting home features granite countertops, newer cabinetry, a double stainless-steel sink, and an electric range. The spacious primary bedroom offers comfortable living, while the private fenced patio with a storage closet provides additional outdoor space. HOA dues include water, sewer, and garbage, and residents enjoy access to a community pool, covered assigned parking plus an additional open parking space, and a convenient on-site coin-operated laundry facility. Ideally located near downtown Fairfield with easy access to Highways 12 and 80, Allen Witt Park, shopping, local wine, beer, & dining spots, schools, Downtown Theater, and Travis Air Force Base. Unique opportunity! Unit #23, located directly above this unit! Don't Miss Out!
No exterior & parking available.
Grades K-8 • 0.3 mi
Grades 6-8 • 1.4 mi
Grades 9-12 • 1.1 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 2.0 | 0.0 |
| Baths | 1.0 | 0.0 |
| Square foot | 794 | - |
| Lot Size | 436 | - |
| Price | $190.0K | $346.4K |
| Price per sq ft | $239 | $302 |
| Built year | 1974 | 0 |
| HOA | $506 | $0 |
| Days on market | 26 | 46 |
Jun 26, 2026
$190,000
Initial Listing
Jan 2, 2008
$124,000
Public Record
Oct 31, 2002
$85,000
Public Record
Oct 28, 1998
$33,500
Public Record